SINGAPORE, April 20, 2026 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) ("Genius Group" or the "Company"), a leading AI-powered education group, today announced that it has received the final award from the ICC Arbitration proceeding by and between the Company and LZG International, Inc. ("LZG”).
Pursuant to ICC’s final award, the Company is entitled to:
- return of 7,387,374 shares of Genius common stock; and
- cash in the aggregate amount of $7,971,168.53 (USD).
The Company intends to take all necessary steps to enforce its legal rights and remedies. Additionally, Genius Group’s legal team is evaluating appropriate next steps for the related matters, namely Genius Group Limited v. LZG International, Inc. et al., Case No. 1:24-cv-08464 (S.D.N.Y.) and the related appeal entitled Genius Group Limited v. LZG International, Inc., Case No. 25-630 (2d Cir.).
About Genius Group
Genius Group (NYSE American: GNS) is an Education Group delivering AI-powered education and acceleration solutions for the future of work. Genius Group serves 6 million users in over 100 countries through its Genius School, Genius Academy, Genius Resorts and Genius City models. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise, and government level. To learn more, please visit https://www.geniusgroup.ai/
Details of the Genius Group’s GENIUS Act plans, including becoming a Permitted Payment Stablecoin Issuer and Digital Asset Service Provider, and launching its GEMs (Genius Education Merits) and Genius Wallet can be found here.
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